The (USDCAD) price rose in its last intraday trading, due to the stability of the support level at 1.3980, gaining some bullish momentum with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, attempting to recover its previous losses, amid its affection by breaking main bullish trendline on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price recovery on the near-term basis.

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